True. The cash situation at the end of Q3 was a HUGE warning, and issuing a $5M Note on the 26th of December was obviously just mortgaging SureFly. There was never going to be a beneficial spinoff with shares.
Since then the the filings have told all you need to know while people still talk of a hero riding to the rescue.
Burns has no choice but to spend remaining change from under couch cushions to put lipsick on the SureFly pig and pray he finds someone rich and stupid enough to pay $20M before Jan31. They can't have another raise for 2 months and Arosa have Liens on E V E R Y T H I N G.
>$1 today is evidence of nothing but USPS hopefuls. WKHS at a 4-yr low and on the ropes. Adios, MoFos, it's been real.
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